Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny.

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.

Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...

The most striking transformation appeared in the composition of returns filed this year. ITR-3 filings, representing ...